Looking to diversify beyond MAFRX? The mutual funds below have the lowest correlation with MAFRX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MAFRX.
Best Diversifiers for MAFRX
13 mutual funds have low correlation with MAFRX (below 0.3), 0 of which are negatively correlated. The least correlated is SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) (Ultrashort Bond) with a 1Y correlation of 0.01, down from 0.24 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| SEI Institutional Investments Trust Opportunistic ... | 0.01 | 0.14 | 0.24 | 100 | Ultrashort Bond | MAFRX vs ENIAX | |
| CrossingBridge Ultra-Short Duration Fund | 0.02 | 0.08 | — | 99 | Ultrashort Bond | MAFRX vs CBUDX | |
| DFA One Year Fixed Income Portfolio | 0.03 | 0.03 | 0.03 | 99 | Ultrashort Bond | MAFRX vs DFIHX | |
| Six Circles Tax Aware Ultra Short Duration Fund | 0.04 | 0.13 | 0.13 | 98 | Ultrashort Bond | MAFRX vs CUTAX | |
| Baird Ultra Short Bond Fund Institutional Class | 0.06 | 0.15 | 0.13 | 100 | Ultrashort Bond | MAFRX vs BUBIX |
See all 24 diversifiers for MAFRX
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